40 WEBER ACADEMY CATALOGUE practice in briefing and filing letters and documents, and in using labor-saving devices. The letter press, impression books, and loose leaf and card ledgers will form part of the equipment. Finally, the student occupies different positions in the College National Bank, which is furnished with books and forms of the same kind as are used in the largest banks. He becomes familiar with most of the business carried on in a bank, including collections, discount and loans. When the student has completed this course he has had experience with such a variety of methods and of different kinds of books that he is prepared to adapt himself readily to any system of accounts employed in actual business. This work, together with the courses offered in English, Commercial Arithmetic, Rapid Calculation, Correspondence, Commercial Law and Economics, will insure the prosperity of any young man or woman of average capacity. ECONOMICSThis course consists in a study of the underlying principles governing production, consumption, exchange and distribution of wealth. The relation of capital and labor, and other present-day economic problems are discussed with some emphasis upon industrial and political ethics. Three hours per week through-out the year. Bullock's Introduction to the Study of Economics is used as a text book, with supplementary reading from other standard authors. COMMERCIAL ARITHMETICThis course consists in a review of the fundamental prniciples of arithmetic. This is followed by a thorough treatment of percentage and interest, and their application to commission, insurance, bank discount, stocks and bonds, averaging ac-counts, partnership, settlements, etc. Five hours throughout the year required of all first year commercial students. BUSINESS CORRESPONDENCEAfter the mastery of a review of the fundamental principles of arithmetic, the student is given practical work in conducting all kinds of business correspondence. Three hours per week WEBER ACADEMY CATALOGUE 41 throughout second semester. Required of all first year commercial students. COMMERCIAL LAWThis course comprises a study of those matters of law that have constant application to business lifecontracts, negotiable instruments, lien, guaranty and suretyship, interest and usury, sale of personal and real property, warranty, bailment, agency, partnership, joint stock companies and corporations, insurance, common carriers, attachment, stoppage in transit, real estate, banking, taxes, distribution after death, property rights, etc. COMMERCIAL GEOGRAPHYA study of the commerce and leading industries of the world, treating of the influence of geographical location, relief, soils, and climate, in determining the character of natural resources; the development of greater industries; the location of commercial and industrial centers; and routes of trade. HISTORY OF COMMERCEThe test in commercial geography presupposes some general knowledge of political and commercial history as preliminary to the study of the present trend of commerce, for this reason the history of commerce is given. The origin, early development and growth of commerce is studied, and its influence upon the world's civilization is traced, ending with the two great eras: the age of steam and the age of electricity. PENMANSHIPThe object of this course is to develop, through proper exercises, a plain, easy, and above all, legible business handwriting. SHORTHAND a. The most part of the year is devoted to the study and complete mastery of the system, practicing for accuracy, legibility and ease in writing and reading. During the remaining time dictation is given, with accuracy still the paramount thought. SHORTHAND bAfter a review of the text the student goes immediately to dictation, practicing for speed as he progresses, takes more difficult matter, including correspondence of great variety, legal forms, circulars, speeches, etc.